We note the intention of JTI to implement an MPI on the 4 brands containing 10 different quantities (more than 20 sticks) that the company cynically chose to omit from their February MPI.
The proposed increase will reverse the suppressed margins that retailers experienced following the Budget in October.
CSNA will never accept that any supplier can unilaterally impose a retail price when such impositions negatively affect the earning capacity of the store.
We will continue to press the Department of Finance to remove the Section of the Finance Act that makes the setting of a retail price above the tobacco company’s RSP a criminal offence.